Free Stock market / Nifty intraday tips

Nifty Future Update for buyers May 29, 2013

[sws_blockquote_endquote align=”” cite=”” quotestyle=”style02″] Becoming a great trader is an evolutionary process. It’s a series of trial and error transformations, mental map adjustments, and incrementally acquired skill sets, all blended together. And there is no substitute for hypothesizing, testing, and experimenting, with the requirement of organizing one’s thoughts logically and empirical verification serving as the great crystallizer.[/sws_blockquote_endquote]

nifty-update2

 

  Last Close:6109.40

Yesterday Nifty closed up 28.10 points at 6111.25 while Nifty futures closed at 6109.40, discount of 1.85 points. FIIs bought in Cash, net buy 711.12 Crore while DIIs sold in Cash, net sell 507.82 Crore.

Today’s Market will be highly volatile and unexpected today. Today’s market move will solely depend on the positions of big operators in the future market .But to trade successfully you have to be on your edge all the time as opportunity may come any time. This is the perfect “HIT AND RUN” market.

What For Today…?

The support for the Nifty Future  6072-6057  

“the market saw the up move and  expected into a resistance at 6142-6156” the market unfolded as expected and climbed up towards 6150…now the crucial support to watch would be 6057…  ”

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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